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grover norquist's tax pledge could be history. and all eyes are now focusing on house republicans as talks to avoid going over that so-called fiscal cliff are picking up steam. joining me now, mark halperin, senior political analyst for "time" and msnbc and ruth marcus, columnist and editorial writer for the "washington post." to you, mark, what is your read about what we've been hearing the last couple of days about grover norquist, the pledge and how much running room the speaker does have to b negotiating a deal. >> i did a spit take with my fruity pebbles watching "morning joe" because eric cantor's tone was unlike anything i've ever heard. his office is saying oh, no, he's against raising marginal rates, but it's clear that in the scheme of things, the biggest piece is does john boehner have enough running room to strike a deal involving some new revenue. i still am of the belief that the vote in the house, which will be a cliff hanger no matter what happens amongst the leaders in the white house, it will be a tough vote. i t
grover norquist's tax pledge could be history. and all eyes are now focusing on house republicans as talks to avoid going over that so-called fiscal cliff are picking up steam. joining me now, mark halperin, senior political analyst for "time" and msnbc and ruth marcus, columnist and editorial writer for the "washington post." to you, mark, what is your read about what we've been hearing the last couple of days about grover norquist, the pledge and how much running room the...
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Nov 21, 2012
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grover norquist says absolutely not. i hear a lot, a lot, rumors that speaker boehner may be interested in cutting a deal to raise taxes as part of deal. are you hearing the same? >>guest: we heard that for a year in 2011 and it was not true. there are people who are hoping that the republican party will raise taxes to pay for obama's larger government. obama would like that to happen. the republicans won the house of representatives campaigning on a commitment to the ryan plan which reduces spending, reforms entitlements, and reforms taxes down, not up. so, obama got himself re-elected less strongly than four years ago and the republican house got itself re-elected? >>eric: what happens if republicans do cave and do sign on to higher taxes, what will you do? >>guest: well, the question is what the american people do if they see the republicans and democrats agreeing to raise taxes to pay if oh bum's bigger government then the republicans would be co-owners of what will be, unfortunately, a very unpleasant four years as
grover norquist says absolutely not. i hear a lot, a lot, rumors that speaker boehner may be interested in cutting a deal to raise taxes as part of deal. are you hearing the same? >>guest: we heard that for a year in 2011 and it was not true. there are people who are hoping that the republican party will raise taxes to pay for obama's larger government. obama would like that to happen. the republicans won the house of representatives campaigning on a commitment to the ryan plan which...
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Nov 26, 2012
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connell: grover norquist. here is what he said this morning. >> supposed an investor that you admire and trust comes to you saying this is a good idea i think you should think about it. it all depends on what my tax rate will be on the game that we will make. only in grover's imagination does such a response exist. it is quite another when republicans talk like this. >> i am not obligated on the pledge. the only thing i am honoring is the oath that i take when i am sworn in this january. >> the only pledge we should be making to each other is to avoid the coming brief. republicans should put revenue on the table. >> i would have signed -- i will not attack japan today. the world has changed. the economic situation is different. connell: the man behind this pledge, it sounds like, at least the storyline is, that you are losing your considerable influence within the republican party. >> well, first of all, our friend warren buffett a to get a confident ghostwriter. it is counterfactual and it is counter historic
connell: grover norquist. here is what he said this morning. >> supposed an investor that you admire and trust comes to you saying this is a good idea i think you should think about it. it all depends on what my tax rate will be on the game that we will make. only in grover's imagination does such a response exist. it is quite another when republicans talk like this. >> i am not obligated on the pledge. the only thing i am honoring is the oath that i take when i am sworn in this...
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Nov 28, 2012
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it's not the best of time for grover norquist. here's stephen colbert. >> obama's answer to taxes is to raise taxes on the wealthy because he ran on that promise and won the elections. it's like he's totally disregarding my dismisses ive finger quotes. what part of this don't you understand? president obama? republicans might let him do it, even though every republican in congress has signed the no taxes pledge, created by the president of americans for tax reform, grover norquist. the two most terrifying words a republican can hear, other than buenos dias. >> seems like republicans are having an easier time writing off norquist than appealing to latinos. >>> which former gop candidate got a nod on the cbs show "ncis:los angeles" last night? one of the detectives on last night's episode gave us a throwback to a certain candidate's tax plan. >> huh? look at all those center hits. nine, nine, nine. should change my name to herman cain. >> yeah? i think it's more like peewee herman. read them and weep. >> you know what? these targets
it's not the best of time for grover norquist. here's stephen colbert. >> obama's answer to taxes is to raise taxes on the wealthy because he ran on that promise and won the elections. it's like he's totally disregarding my dismisses ive finger quotes. what part of this don't you understand? president obama? republicans might let him do it, even though every republican in congress has signed the no taxes pledge, created by the president of americans for tax reform, grover norquist. the...
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this morning in a breakfast with politico, mike allen was talking to grover norquist about this and grover norquist responded saying certain republicans are having impure thoughts about the fact that they would go ahead and break that pledge. take a listen to part of that breakfast meeting. >> i sounds like republicans are less afraid of you now. are you like frosty? are you melting, losing your power before our very eyes? >> no. two things are both fictions. one is the scenario that republicans were afraid of americans for tax reform and me personally and they took the pledge because i told them to. that's colbert territory, that's harry reid, that's what they say. that's nonsense. people take the pledge. the reason why most republicans and a handful of democrats take the pledge is that they don't intend to raise taxes. >> wouldn't it be good if our leaders were not signing pledges like this and actually voted with what their stilts wanted? >> absolutely. yeah. it would be good. it's funny what an election will do. a lot of republicans are seeing the handwriting on the wall instead of the
this morning in a breakfast with politico, mike allen was talking to grover norquist about this and grover norquist responded saying certain republicans are having impure thoughts about the fact that they would go ahead and break that pledge. take a listen to part of that breakfast meeting. >> i sounds like republicans are less afraid of you now. are you like frosty? are you melting, losing your power before our very eyes? >> no. two things are both fictions. one is the scenario...
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there's nothing you see over the next 35 days that would have you break that pledge with grover norquist? >> no, because raising taxes harms the economic growth. you get ten times the revenue by economic growth rather than punishing success. and, again, all of us are saying president obama, show us your plan for restraining the size of government, that's the main problem. again, his revenue proposal would raise $68 billion when we have over $1 trillion worth of deficit. where's the other $1 trillion in his balance plan? mr. president, show us your plan. >> sir, one thing, mitch mcconnell has said that revenue is on the table as long as entitlements would be on the table. conducting a fly-in lobbying day there in washington, d.c. this is where union leaders from 33 states are going to pressure their representatives to let the bush tax cuts expire and keep social security out of the fiscal cliff negotiations. lawmakers are being presented with this written letter in part by richard trumpka who is the president of that. accusing republicans of holding the economy hostage in that letter sayi
there's nothing you see over the next 35 days that would have you break that pledge with grover norquist? >> no, because raising taxes harms the economic growth. you get ten times the revenue by economic growth rather than punishing success. and, again, all of us are saying president obama, show us your plan for restraining the size of government, that's the main problem. again, his revenue proposal would raise $68 billion when we have over $1 trillion worth of deficit. where's the other...
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it's not just grover norquist, it's the club for growth and other entities that do that. understand what direction these people leading the party in. they concede the republican party is a fundamental congressional and oppositional force. the whole point of the pledge is to say someone else is acting, and you are laying down in advance how you react. there's no plan you're going to act or leading. if the republican party is a presidential party again and it's lost the majority of the vote in five of the six past presidential elections, it has to think in an entirely different way to make commitments to different groups of voters. >> what about on cuts, james is this this is an interesting comment. dick durbin has been on the show and he's so rational and open to compromise. he was open to closing loopholes and not raising rates. he's a rational man, and he said yesterday that democrats shouldn't be talking about cutting social security. here he is. >> social security does not add one penny to our debt. it's a separate funded operation. medicare is another story. only 12 y
it's not just grover norquist, it's the club for growth and other entities that do that. understand what direction these people leading the party in. they concede the republican party is a fundamental congressional and oppositional force. the whole point of the pledge is to say someone else is acting, and you are laying down in advance how you react. there's no plan you're going to act or leading. if the republican party is a presidential party again and it's lost the majority of the vote in...
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some newly elected house republicans, guess what, refusing says signing grover norquist note tax pledge. michael reagan on help breaking that pledge. are they going to cave? >> well, i hope they don't. this is not about republicans trying to figure out, if we cave, the electorate will love us. no, they won't. if the cave, the democrats will laugh all the way to the bank. the election coming upon a couple of years. you might remember, my father made this deal with the democrats back in 1980. $3 in spending cuts for every dollar in new taxes. guess what? taxes and a place. my father has been dead since 2004. he is still waiting for the tax cuts to comment. they will never come in unless you get them first, not last the. tom: history repeats itself. and i suspect -- >> all the time. the democrats selling the three for one package for ever. you never seemed to get the $3 in spending cuts, but you always get the tax increase. you know, the mayor was right. this is about the fact that there is too much spending and washington who, in fact imitates that money to spend it. the california. propo
some newly elected house republicans, guess what, refusing says signing grover norquist note tax pledge. michael reagan on help breaking that pledge. are they going to cave? >> well, i hope they don't. this is not about republicans trying to figure out, if we cave, the electorate will love us. no, they won't. if the cave, the democrats will laugh all the way to the bank. the election coming upon a couple of years. you might remember, my father made this deal with the democrats back in...
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. >> steven ratner, is there a principle, or just bloody mindedness by republicans, led by grover norquist, we shall not pay anymore taxes ever? >> at some point, there are too many taxes, but we're a long away from that. let's just look at earned taxes, lower than they were under president clinton put in place ten years ago. and all president obama is saying let's go from 35% to the top earners, to 39.6%, same as it was under president clinton, the economy did well. it is more than just a drop in the bucket. just raising rates on people making over 250,000, would be a trillion deficit -- >> a trillion dollars, henry, is nothing to be sniffed at. some urged the party to extend the bush-era tax cuts, for the households that earn less than $250,000, to insure the taxes don't go up. who cares anyway? >> sure, there is a point in there. i might dispute the numbers. i would argue as the members of my party, i would argue that we have a spending problem. as opposed to a revenue problem. to my friend steve's remark, about the clinton tax rates, that sounds great to go back to 39%. and yes, that w
. >> steven ratner, is there a principle, or just bloody mindedness by republicans, led by grover norquist, we shall not pay anymore taxes ever? >> at some point, there are too many taxes, but we're a long away from that. let's just look at earned taxes, lower than they were under president clinton put in place ten years ago. and all president obama is saying let's go from 35% to the top earners, to 39.6%, same as it was under president clinton, the economy did well. it is more than...
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back to grover norquist. i think you get into difficult situation in relationships in general when you make people sign on the dotted line and then you crucify them if they ever decide to change their mind. i'll bring it back to like marriage. marriages don't work when one or both parties stand on both sides of the fence and say, i'm not budging. then you get divorced. that's what happens. and it's the same analogy can hold true here, not that republicans should all decide to raise taxes. there should be also cuts on the other side. but i do think you get into sticky water when you make people sign to something and then they feel like they can never change their mind. >> steve: it's nice that some people, they stand for something. i went to washington to try to change things. >> gretchen: i agree that. but then they should stand for it on their own of the they shouldn't have to sign a pledge from somebody else. >> steve: but there are other ways. the republicans make a good case, there are other ways to raise
back to grover norquist. i think you get into difficult situation in relationships in general when you make people sign on the dotted line and then you crucify them if they ever decide to change their mind. i'll bring it back to like marriage. marriages don't work when one or both parties stand on both sides of the fence and say, i'm not budging. then you get divorced. that's what happens. and it's the same analogy can hold true here, not that republicans should all decide to raise taxes. there...
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grover norquist, americans for tax reform. good morning to you. >> sure. bill: harry reid, what do you think about that? >> well, only senator harry reid of nevada could pack that many lies into something quite that short. look, the taxpayer protection pledge as harry reid well knows is a commitment by senators and congressmen to their constituents, not to me personally, reid tells that lie over and over again, a commitment to their constituents that when they come to washington they will reform government and spend less money, rather than raise taxes. when harry read says that the commitment of those republican senators not to raise taxes is an impediment he means it's an impediment to raising taxes so obama and reid can keep spending money. reid has been supportive of every one of barack obama's wasteful spending programs e. wants to raise taxes to pay for it. you heard from van hollen earlier they are not interested in cutting any spending at all. they want to koeupbt as their contribution to budget he restraint, democrats. cuts already in law and 800 b
grover norquist, americans for tax reform. good morning to you. >> sure. bill: harry reid, what do you think about that? >> well, only senator harry reid of nevada could pack that many lies into something quite that short. look, the taxpayer protection pledge as harry reid well knows is a commitment by senators and congressmen to their constituents, not to me personally, reid tells that lie over and over again, a commitment to their constituents that when they come to washington...
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their shift in position has grover norquist vowing to help unseat any republican who breaks his taxpayer protection pledge. the question tonight is whether this is a larger trend or whether republicans are just testing the waters and two men who know about testing the waters, politicking and actually meaning what you say join me now. david frum and james carville, you have been on every side of this. let me start with you though david. republicans talking about raising revenue by closing loopholes. as opposes to raising tax rates. you can get a heck of a lot of revenue that way. is this smart for them r or not? >> republicans are going to be yielding ground, but they have to avoid seemingly yielding ground underressure. president has a strong hand. they have to keep their party together. frankly, i think loopholes are the wrong place to -- so-called loop homes, meaning deductions for home mortgage, are the wrong place to look for new revenue. the place is look is with different kinds of tax sources. not by making it more difficult for people to work save and invest. >> wow, adding even m
their shift in position has grover norquist vowing to help unseat any republican who breaks his taxpayer protection pledge. the question tonight is whether this is a larger trend or whether republicans are just testing the waters and two men who know about testing the waters, politicking and actually meaning what you say join me now. david frum and james carville, you have been on every side of this. let me start with you though david. republicans talking about raising revenue by closing...
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. >> grover norquist had a good run. it lasted far longer than 15 minutes but his trstringent vie make him an outliar now. it is not unlike ralph reed who steered the republican party too far right on social issues in the '90s and is hardly heard from anymore. >> is he, rick, spiking the football, maybe on the 5 yard line? is this a little too premature to be writing off the grover norquist here and the no new tax movement in the republican party? >> yes, i think it is too premature. grover norquist has become a convenient boogie man, merely because we have maybe hit a tipping point on tax increases and voters are starting to accept the idea that taxes have to go up a little bit on some people. we have got a long way to go, though. we still are going to have to start talking about tax increases on the middle class at some point. that is going to be an entirely different battle. the nmagnitude of the problem will require increases on the middle class or tax cuts that are really deep. the tax increases is going to solve th
. >> grover norquist had a good run. it lasted far longer than 15 minutes but his trstringent vie make him an outliar now. it is not unlike ralph reed who steered the republican party too far right on social issues in the '90s and is hardly heard from anymore. >> is he, rick, spiking the football, maybe on the 5 yard line? is this a little too premature to be writing off the grover norquist here and the no new tax movement in the republican party? >> yes, i think it is too...
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. >> sean: grover norquist, americans for tax reform, you signed a pledge when you first ran for office, saying you wouldn't raise taxes or revenue, and said, well, i care more about this country i do about a 20-year pledge. you've taken heat for this. i want to give you a chance to explain. >> my difference with grover, it's pretty simple, the simpson-bowles plan that came out that said we're going to address the long-term debt of this country, recommended that you eliminate all tax credits and tax inclusions in a major tax reform package. the gang of six that i was a part of, still a part of, followed that recommendation. we think you ought to eliminate all of that. that will generate about $1.2 trillion in revenue. not new taxes. revenue. then you decide whether you're going to add the mortgage interest deduction, charitable deduction, other things back in there. so the question is, what do you do with that revenue that's been generated? we owe $16 trillion. i think that you got to pay part of that revenue toward that debt just like every single american that owns a home pays part of
. >> sean: grover norquist, americans for tax reform, you signed a pledge when you first ran for office, saying you wouldn't raise taxes or revenue, and said, well, i care more about this country i do about a 20-year pledge. you've taken heat for this. i want to give you a chance to explain. >> my difference with grover, it's pretty simple, the simpson-bowles plan that came out that said we're going to address the long-term debt of this country, recommended that you eliminate all...
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. >> let me ask you, you have a couple of senate republicans who have come out again grover norquist and any kind of notion of a pledge or being held to a lobbyist as opposed to the american people. on the left you have some progressives who are concerned that too many concessions will be made with social security, medicare entitlements. let me play what david plouffe recently said that caught the attention of some on the left, and they're concerned. >> i think what we need to do and the president believes this is let's go for the big deal. the only way that gets done is for republicans, again, to step back and get mercilessly criticized by grover norquist on the right, and it means democrats have to do tough things on spending and entitlements that they get criticized by the left. >> before you respond to plouffe, let me play what congressman peter defazio said on "news nation" when he was our guest yesterday. >> i'm not going for a bad deal, and i think there's a quite a few for a bad deal. social security didn't cause the deficit. we don't need to cut social security to solve the
. >> let me ask you, you have a couple of senate republicans who have come out again grover norquist and any kind of notion of a pledge or being held to a lobbyist as opposed to the american people. on the left you have some progressives who are concerned that too many concessions will be made with social security, medicare entitlements. let me play what david plouffe recently said that caught the attention of some on the left, and they're concerned. >> i think what we need to do...
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even if the republicans go okay, forget grover norquist. the democrat, obama, they are not doing their part, point made. >> we'll see, we are not there yet. megyn: ladies, thank you so much. coming up. we want to show you what happened in this elevator that took freedom this point -- to this point. we'll debate whether the pranksters behind this are about to wind up in legal trouble. we'll show you have the tape next in "kelly's court." but when i was in an accident... i was worried the health care system spoke a language all its own with unitedhealthcare, i got help that fit my life. so i never missed a beat. that's health in numbers. unitedhealthcare. megyn: "kelly's court" is back in session. an elevator prank meant to make people laugh, but is it legal. a brazilian tv showing people stepping inside an elevator and getting more than a lift. watch. megyn: we are sick here because we are laughing. some top lawyers are not laughing and they are argue that this is not lawful and this show could get side for this behavior. really? joining me
even if the republicans go okay, forget grover norquist. the democrat, obama, they are not doing their part, point made. >> we'll see, we are not there yet. megyn: ladies, thank you so much. coming up. we want to show you what happened in this elevator that took freedom this point -- to this point. we'll debate whether the pranksters behind this are about to wind up in legal trouble. we'll show you have the tape next in "kelly's court." but when i was in an accident... i was...
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a growing number of republicans are slowly backing away from grover norquist's anti-tax pledge. saying they're open to letting revenues rise if democrats do their part in the budget talks. >> when you're $16 trillion in debt, the only pledge we should be making to each other is to avoid becoming greece, and republicans should put revenue on the table. i will violate the pledge, long story short, for the good of the country only if democrats will do entitlement reform. >> a pledge you signed 20 years ago, 18 years ago is for that congress. for instance, if i were in
a growing number of republicans are slowly backing away from grover norquist's anti-tax pledge. saying they're open to letting revenues rise if democrats do their part in the budget talks. >> when you're $16 trillion in debt, the only pledge we should be making to each other is to avoid becoming greece, and republicans should put revenue on the table. i will violate the pledge, long story short, for the good of the country only if democrats will do entitlement reform. >> a pledge...
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has grover norquist lost his will? >> speaker boehner said revenues would be on the table as well as spending cuts and entitlement reform but we would not raise tax rates. i have seen nothing different than what these senators have said in the last day or so than what speaker boehner has said. the key here is the devil is in the details. once we see some sort of fine print in the next couple weeks, we'll know, you know, we'll know whether our legislators stand. one interesting thing here. i just want to add, we keep talking about tax reform but we have not really had a big conversation in the media about entitlement reform. medicare is exploding. billions of dollars, and we have millions of people are counting on it, will be retiring. baby boomers are retiring will go larger and larger. yet we have not talked about that yet. while we're talking about grover norquist versus these members i think the devil will be in the details. we'll have to talk about a broader conversation between tax revenue and entitlement reform.
has grover norquist lost his will? >> speaker boehner said revenues would be on the table as well as spending cuts and entitlement reform but we would not raise tax rates. i have seen nothing different than what these senators have said in the last day or so than what speaker boehner has said. the key here is the devil is in the details. once we see some sort of fine print in the next couple weeks, we'll know, you know, we'll know whether our legislators stand. one interesting thing here....
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who is grover norquist, talk to me about this pledge. it is not just about raising taxes, is it not? >> it is not just about raising taxes. this is a pledge that is spearheaded by activist grover norquist, a popular figure on the right and he basically is -- most members but not all members of congress on the republican side to sign this pledge which basically says they're not going to increase tax rates and also if they close deductions they would use that money to lower taxes in another area. after seeing republicans break, where they're saying, listen, we're willing to close tax loopholes to reduce the deficit, now we haven't yet seen that from congressional republican leaders, but we obviously are seeing it from prominent republicans you showed including senator graham and senator bob corker. >> question about two of those gentlemen here in a moment. cnn this morning talked to grover norquist, incumbents dare to break this pledge, dare to vote to raise taxes. the question was will he do it again? here's norquist. >> we would certainl
who is grover norquist, talk to me about this pledge. it is not just about raising taxes, is it not? >> it is not just about raising taxes. this is a pledge that is spearheaded by activist grover norquist, a popular figure on the right and he basically is -- most members but not all members of congress on the republican side to sign this pledge which basically says they're not going to increase tax rates and also if they close deductions they would use that money to lower taxes in another...
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that's 170 guys breaking grover norquist's pledge. and that could be a primary suicide mission, joe. >> it could be. >> unless they figure out how to change -- that's why boehner's so desperately trying to come up with a way of saying look, we'll get you the same amount of revenue. we'll find it another way. just don't make us raise tax rates because he doesn't have the votes for that. he doesn't know how to get those votes. >> explain that. he can get it, perhaps, say by closing the loopholes? >> because he can make a more populist argument. you don't want these -- they're getting away with -- they're getting away with sort of chicanery inside the tax code. we're going to get rid of that. >> how about raising the capital gains tax 5%? >> well, i think that's -- that's something, if republicans are serious about that, i have a feeling the white house would be open to that. the white house -- you know, it's funny. both of them have drawn true lines in the sand in this that we haven't paid a lot of attention to. the white house said the
that's 170 guys breaking grover norquist's pledge. and that could be a primary suicide mission, joe. >> it could be. >> unless they figure out how to change -- that's why boehner's so desperately trying to come up with a way of saying look, we'll get you the same amount of revenue. we'll find it another way. just don't make us raise tax rates because he doesn't have the votes for that. he doesn't know how to get those votes. >> explain that. he can get it, perhaps, say by...
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this famous pledge sponsored by grover norquist. conservative to say the least seemed to throw in the towel, providing maybe some cover for some republicans here. let me read to you what they said. if taxes are going up anyway because the bush tax rates expire and republicans can stop them from going up as much as they otherwise would, then pledge-takers deserve some credit for that. mr. norquist says it violates his pledge to eliminate deductions without lowering rates but at the current economic and political moment it is also a service if republicans prevent tax rates from going up. providing some cover there. have republicans effectively caved on the idea of raising revenue? >> i don't think republicans have caved on anything related to taxes. we do have to remember that it is possible to bring in more revenue without raising taxes. any time you stimulate economic growth that's going to bring in more revenue. i want more revenue because i want more economic growth. that's the best way to bring in more revenue, to fund government
this famous pledge sponsored by grover norquist. conservative to say the least seemed to throw in the towel, providing maybe some cover for some republicans here. let me read to you what they said. if taxes are going up anyway because the bush tax rates expire and republicans can stop them from going up as much as they otherwise would, then pledge-takers deserve some credit for that. mr. norquist says it violates his pledge to eliminate deductions without lowering rates but at the current...
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however grover norquist is threatening those who do so. let's hear what he had to say. >> no pledge taker has voted for a tax increase. you've had some people discussing impure thoughts on national television. the pledge is not for life but everybody who signed the pledge, including peter king who tried to weasel out of it, shame on him as the new york sun said today, i hope his wife understands that commitments last a little longer than, than, than two years or something. >> there you had grover norquist from the americans for tax reform who has spearheaded this no tax pledge. the fact of the matter is, zoraida, to reach an agreement there's going to have to be compromise, whether that means increasing taxes on some, whether that means changing entitlement reform, both sides are going to have to come to the table to try to reach an agreement. >> mark, can you remind folks how long ago that pledge was signed? >> this goes back years and years and years for many of these lawmakers in congress. they tend to be conservative. it's a very simpl
however grover norquist is threatening those who do so. let's hear what he had to say. >> no pledge taker has voted for a tax increase. you've had some people discussing impure thoughts on national television. the pledge is not for life but everybody who signed the pledge, including peter king who tried to weasel out of it, shame on him as the new york sun said today, i hope his wife understands that commitments last a little longer than, than, than two years or something. >> there...
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why saxby chambliss is ditching the pledge he made to anti-tax activist grover norquist. what it means for the battle over the budget. >> nobody signed any pledge with me. the pledge is to the american people. americans for tax reform, my organization, shares it with all candidates, republicans and democrats. but the pledge is to the american people. i love the holidays. and with my bankamericard cash rewards credit card, i love 'em even more. i earn 1% cash back everywhere, evertime. 2% on groceries. 3% on gas. automatically. no hoops to jump through. that's 1% back on... [ toy robot sounds ] 2% on pumpn pie. and apple. 3% back on 4 trips to the airport. it's as easy as.. -[ man ] 1... -[ woman ] 2... [ woman ] 3. [ male announcer ] the bankamericard cash rewards card. apply online or at a bank of america near you. [ male announcer ] the way it moves. the way it cleans. everything about the oral-b power brush is simply revolutionary. oral-b power brushes oscillate, rotate and even pulsate to gently loosen and break up that sticky plaque with more brush movements than man
why saxby chambliss is ditching the pledge he made to anti-tax activist grover norquist. what it means for the battle over the budget. >> nobody signed any pledge with me. the pledge is to the american people. americans for tax reform, my organization, shares it with all candidates, republicans and democrats. but the pledge is to the american people. i love the holidays. and with my bankamericard cash rewards credit card, i love 'em even more. i earn 1% cash back everywhere, evertime. 2%...
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>>shepard: over the weekend some republicans are telling grover norquist to take a hike with the "we won't raise taxes" pledge. >>reporter: the fine tuning is they are saying we are okay with close loopholes but they don't want to raise tax rates. the republicans are saying the survey done by a group calls the winston group, a republican research firm, says 65 percent of americans back tax reform and spending cuts over the raising of taxes. here is the senate republican leader on what the g.o.p. is offering. >> without compromising our principles we put skin in the game and recognition to the fact while democrats don't run this town, neither do we. we have been responsible even as we remain firm on this point. no tax increases now for promised spending cuts that you will not materialize later. the american people have seen that game before. they won't be fooled again. >> house republicans are planning to bring in on wednesday a number of c.e.o.'s of caterpillar, goldman sachs and all state and other key players on fiscal includes including erskine bowles co-author of the simpson-bowl
>>shepard: over the weekend some republicans are telling grover norquist to take a hike with the "we won't raise taxes" pledge. >>reporter: the fine tuning is they are saying we are okay with close loopholes but they don't want to raise tax rates. the republicans are saying the survey done by a group calls the winston group, a republican research firm, says 65 percent of americans back tax reform and spending cuts over the raising of taxes. here is the senate republican...
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things are getting down right ugly between grover norquist and one of his former allies earlier this week he lashed out at peter king who said he's ready to walk away from the anti-tax pledge made in 1996 to avoid the fiscal cliff. >> everybody who signed the pledge including peter king who tried to weasel out of it, shame on him as the new york sun said today. i hope his wife understands that commitments last a little longer than two years or something. >> well, king got wind of that. it sounds like norquist better watch out for mrs. king. >> the fact that he brought my wife into it, i think he never met me, he certainly hasn't met my wife. he better hope he doesn't. she'll knock his head off. >> all right, president obama wants supporters to go on twitter as washington takes on the fiscal cliff. he's asking people to use the #my2k to explain what they would do with the $2,000 that could be lost to a middle class tax hike. one user talks about buying a mac book. the other talks about the child they're expecting and making the mortgage. but the president is also finding some critics.
things are getting down right ugly between grover norquist and one of his former allies earlier this week he lashed out at peter king who said he's ready to walk away from the anti-tax pledge made in 1996 to avoid the fiscal cliff. >> everybody who signed the pledge including peter king who tried to weasel out of it, shame on him as the new york sun said today. i hope his wife understands that commitments last a little longer than two years or something. >> well, king got wind of...
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. >> do you think that's a pledge with grover norquist, with your constituents? there are others saying they have room around the pledge. >> well, that's a great question you just asked me. is that a pledge to my constituents. absolutely. in 2002 -- and i was running in a tough primary and those folks back in marietta, georgia, said, phil, are you going to take the grover norquist, americans for tax reform pledge. i said, yes, i will take it. many would have voted for my opponent. that plenl, i honor that. it's a pledge to my constituents. absolutely. >> all right. you say your constituents don't want you to raise taxes on the rich. let me show you what an abc/washington post poll shows. 60% would support raising taxes on incomes over $250,000 per year. you wouldn't do that? >> i understand that their perception. i have constituents that take that position as well. i'm sent to congress to represent 700,000 people in my northwest georgia district. they send me because they trust my judgment. they think i have the facts that maybe in many cases they don't. we know
. >> do you think that's a pledge with grover norquist, with your constituents? there are others saying they have room around the pledge. >> well, that's a great question you just asked me. is that a pledge to my constituents. absolutely. in 2002 -- and i was running in a tough primary and those folks back in marietta, georgia, said, phil, are you going to take the grover norquist, americans for tax reform pledge. i said, yes, i will take it. many would have voted for my opponent....
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behind it all, this man, grover norquist. considered one of the most powerful men in washington. since he worked for ronald reagan in the 1980s, he has gotten virtually every elected republican to sign a pledge promising no tax increases. >> a taxpayer-friendly congress. >> reporter: they sign it to help get elected and don't violate it for fear of getting hammered for breaking their word. >> how many of these things have been signed? >> pledges? >> reporter: yes. >> thousands over the years. >> reporter: he keeps them on file. here's john boehner's pledge signed 20 years ago. >> reporter: if somebody signed this, 10, 18, 20 years ago are they still bound by it? >> now when you got married, did your wife understand there was an expiration date on the promise? when you borrowed money for your house, did they extend -- oh, geez, that mortgage? that was ten years ago. you're still asking me for money? if you make a commitment, you make a commitment. >> reporter: the pledge is the biggest obstacle to any deal that would raise taxes. with a budget crisis on the horizon and re-elected
behind it all, this man, grover norquist. considered one of the most powerful men in washington. since he worked for ronald reagan in the 1980s, he has gotten virtually every elected republican to sign a pledge promising no tax increases. >> a taxpayer-friendly congress. >> reporter: they sign it to help get elected and don't violate it for fear of getting hammered for breaking their word. >> how many of these things have been signed? >> pledges? >> reporter: yes....
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grover norquist as an unusual way of describing republicans who might abandon his anti-tax pledge to avoid the fiscal cliff. >> no pledge taker has voted for a tax increase. they've had some people discussing impure thoughts on national television. we would certainly highlight who has kept their commitment and who hasn't. >> well, things got personal between senate majority leader harry immediate and minority leader mitch mcconnell yesterday. mcconnell is angry about reid's plan to end filibusters on so-called motions to proceed done before any final debate. >> shutting off our right to express the views of our constituents as is being proposed would effectively shut these people out of the process. he will break the rules of the senate in order to change the rules of the senate. >> americans believe congress is broken. once again, the only ones who disagree with mitch mcconnell and republicans in congress. >>> another senator, dianne feinstein of california, set an election-day record after receiving the most votes ever for a u.s. senator. nearly 7.3 million. >>> well, will rick san
grover norquist as an unusual way of describing republicans who might abandon his anti-tax pledge to avoid the fiscal cliff. >> no pledge taker has voted for a tax increase. they've had some people discussing impure thoughts on national television. we would certainly highlight who has kept their commitment and who hasn't. >> well, things got personal between senate majority leader harry immediate and minority leader mitch mcconnell yesterday. mcconnell is angry about reid's plan to...
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a lot are saying they will violate grover norquist's no tax pledge. >> this pledge goes back to 1986 and you're now seeing some republicans saying no i'm going to break this pledge. lindsey graham from south carolina, the most recent saxby chambliss did it the other day. those republicans senators up for re-election in 2014. maybe they'll face a challenge from the right. take a look at what lindsey graham said on the sunday talk shows. >> when you're $16 trillion in debt the only pledge we should be making to each other is to avoid the coming grief, and republicans, republicans should put revenue on the table. we're this far in debt, we don't generate enough revenue. >> and that's his key difference here. he says he's okay with the no taxes but we do need to raise revenues and if that means cutting back on such things as tax rates, he will do it. also he says the democrats have to come forward here, as well. they have to do entitlements if he's going to break his pledge. zoraida? >> paul steinhauser live in washington for us. thank you. >> we're in the midst of the shopping frenzy an
a lot are saying they will violate grover norquist's no tax pledge. >> this pledge goes back to 1986 and you're now seeing some republicans saying no i'm going to break this pledge. lindsey graham from south carolina, the most recent saxby chambliss did it the other day. those republicans senators up for re-election in 2014. maybe they'll face a challenge from the right. take a look at what lindsey graham said on the sunday talk shows. >> when you're $16 trillion in debt the only...
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that pledge pushed by the conservative activist, grover norquist, has been part of republican orthodoxy for several years which makes statements like these so surprising. listen -- >> i will violate the pledge, long story short, for the good of the country, only if democrats will do entitlement reform. >> i'm not obligated on the pledge. i made tennesseans aware, i was just elected, that will only thing i'm honoring is the oath that i served. >> a pledge you signed 20 years ago, 18 years ago is for that congress. >> when i go to the constituents that have reelected me, it is not about that pledge. >> eric cantor, the majority leader in the house of representatives. joining us now, kevin mccarthy, the majority whip, the number three republican leader in the house of representatives. thanks for coming in. >> thanks for having me. >> are you ready to jump on that bandwagon and violate that grover norquist pledge? >> i think what the american people want is to see the problem solved. what we have, we spend more than $1 trillion more than we bring in every year. we have to solve that problem
that pledge pushed by the conservative activist, grover norquist, has been part of republican orthodoxy for several years which makes statements like these so surprising. listen -- >> i will violate the pledge, long story short, for the good of the country, only if democrats will do entitlement reform. >> i'm not obligated on the pledge. i made tennesseans aware, i was just elected, that will only thing i'm honoring is the oath that i served. >> a pledge you signed 20 years...
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. >>> meanwhile, grover norquist is offering a reminder to republicans in congress who are thinking about breaking their anti-tax pledge in order to reach a deal. >> we could ask president bush, george herbert walker bush, how his second term went after he broke his pledge. did he damage the pledge, or did by breaking his pledge, he lost a second term for the presidency because he had not kept his word with the american people? >> at some point they need to let him go. >>> new york governor andrew cuomo is making his case for federal aid in the aftermath of hurricane sandy. governor cuomo said the storm could cost the state nearly $42 billion, and new yorkers would need federal help footing the bill. while acknowledging that more people died during hurricane katrina in 2005, the governor said that sandy's damage was actually more widespread. >> when you look at the number of homes and businesses affected, this storm affected many, many more people in places than katrina. and arguably, therefore, this created more housing and economic damage than katrina. >>> new jersey which suffered mass
. >>> meanwhile, grover norquist is offering a reminder to republicans in congress who are thinking about breaking their anti-tax pledge in order to reach a deal. >> we could ask president bush, george herbert walker bush, how his second term went after he broke his pledge. did he damage the pledge, or did by breaking his pledge, he lost a second term for the presidency because he had not kept his word with the american people? >> at some point they need to let him go....
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grover norquist, again, has written an op-ed mentioning the debt ceiling specifically. a new report for the bipartisan policy center said the ceiling must be raised before the end of february to avoid default. he said republicans should use that as leverage, congresswoman, in the fiscal cliff deal. the debt ceiling that obama plans lump into every month or so for the next four years provides plenty of leverage for the gop to trade for spending cuts, as done in 2011, or continuing the lower rates. are you willing to do that, use the debt ceiling in this as leverage? >> well, what i'm willing to do, is to talk about, and a very serious conversation, which i don't believe we're really having here on the hill right now, and that is we have a spending-driven problem. you can't keep on spending a trillion dollars more than what you bring in every year. and until we look at both sides of this issue, and a balanced approach on this where we're looking at what is driving the debt, and making sure that we're balancing our budget, it's both revenue, and spending. and we've got to
grover norquist, again, has written an op-ed mentioning the debt ceiling specifically. a new report for the bipartisan policy center said the ceiling must be raised before the end of february to avoid default. he said republicans should use that as leverage, congresswoman, in the fiscal cliff deal. the debt ceiling that obama plans lump into every month or so for the next four years provides plenty of leverage for the gop to trade for spending cuts, as done in 2011, or continuing the lower...
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senator chambliss is taking aim at tax reformist grover norquist. why the senator may back out of his pledge not to raise taxes. plus, house majority leader john boehner sounding more and more like republicans won't be easily won over during tax talks. the mering fiscal cliff next. >>> and it was a normal thanksgiving morning until this multi-car wreck. how some 100 cars collided in texas. >> it was just a kmpl seconds, chain reaction. crazy. flashed right before my eyes. i don't spend money on gasoline. i am probably going to the gas station about once a month. last time i was at a gas station was about...i would say... two months ago. i very rarely put gas in my chevy volt. i go to the gas station such a small amount that i forget how to put gas in my car. [ male announcer ] and it's not just these owners giving the volt high praise. volt received the j.d. power and associates appeal award two years in a row. ♪ throughout our lives. one a day men's 50+ is a complete multi-vitamin designed for men's health concerns as we age. it has more of 7 ant
senator chambliss is taking aim at tax reformist grover norquist. why the senator may back out of his pledge not to raise taxes. plus, house majority leader john boehner sounding more and more like republicans won't be easily won over during tax talks. the mering fiscal cliff next. >>> and it was a normal thanksgiving morning until this multi-car wreck. how some 100 cars collided in texas. >> it was just a kmpl seconds, chain reaction. crazy. flashed right before my eyes. i don't...
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norquist or what they said. also talking about avoiding the fiscal cliff and why this week might be the key week to avoiding that. susan rice the chance at becoming the next secretary of state. we are going to meet the cheerleader who went bald and joined her at the last minute to join the cause. we will be here live. don't miss a second. [ cheeping ] [ male announcer ] you hear that? that's the sound of car insurance compani these days. here a cheap, there a cheap, everywhere a cheap... you get it. so, what if instead of just a cheap choice, you could make a smart choice? like, esurance for example. they were born online and built to save people money from the beginning. it's what they've always done. not just something they cheap about. that's insurance for the modern world. esurance. now backed by allstate. click or call. >> 125 million people will try to get their holiday shopping done today. some of the best deals out there don't have to do with the gifts it has to do with the planning, the travel needs. he
norquist or what they said. also talking about avoiding the fiscal cliff and why this week might be the key week to avoiding that. susan rice the chance at becoming the next secretary of state. we are going to meet the cheerleader who went bald and joined her at the last minute to join the cause. we will be here live. don't miss a second. [ cheeping ] [ male announcer ] you hear that? that's the sound of car insurance compani these days. here a cheap, there a cheap, everywhere a cheap... you...
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thoughts about potentially raising taxes, do you frng that grover norquist, his anti-tax pledge, is seeping back into the conversation here and keeping the right with the cement shoes on? >> sure, for some that's the case. and it is also the case that some on our left have their shoes in concrete, as well. they don't want to touch any spending. but the hard reality is we have to do both and every bipartisan group that's worked on this has reached that conclusion. so at the end of the day, i think people who are in the sensible center know you're going to have to come bodo both. revenue near a 60 year low as a share of our national income. spending is near a 60 year high as a share of our national income. so we're going to have to work both sides of the krequation. >> senators on the right have been very controversial in their remarks regarding susan rice and whether or not she will be nominated for secretary of state. but i want to play for everybody how the president defended rice yesterday. >> mrs. rice is extra ordinary. couldn't be prouder of the job that she's done. >> the appl
thoughts about potentially raising taxes, do you frng that grover norquist, his anti-tax pledge, is seeping back into the conversation here and keeping the right with the cement shoes on? >> sure, for some that's the case. and it is also the case that some on our left have their shoes in concrete, as well. they don't want to touch any spending. but the hard reality is we have to do both and every bipartisan group that's worked on this has reached that conclusion. so at the end of the day,...
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grover norquist is tweeting, avenge twinkie. shop at walmart today. >> now if you're a walmart shopper, you're somehow pro -- how does this happen? >> you know, walmart workers taking the stand has certainly brought an amazing debate. that debate includes tweets like that. the thing that's been much more exciting is a larger debate that's happening. walmart is the largest employer in the country. the debate that's happening is -- as said by then senator obama, what is the responsibility that they have as being the largest private employer. if we think about other times when other companies were our largest employer. we think about gm. the kind of jobs gmt created and -- the middle class. our economy shifted. we now have a retail-based and consumer-based economy with 70% of the gdp based on consumerism. what are the jobs creating a middle class and healthier economy? we would say that walmart needs to play a major role with 1.4 million employees. >> your point isn't to put them out of business. as you make this point, i was think
grover norquist is tweeting, avenge twinkie. shop at walmart today. >> now if you're a walmart shopper, you're somehow pro -- how does this happen? >> you know, walmart workers taking the stand has certainly brought an amazing debate. that debate includes tweets like that. the thing that's been much more exciting is a larger debate that's happening. walmart is the largest employer in the country. the debate that's happening is -- as said by then senator obama, what is the...
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i call grover norquist, what is going on here? he said read between the lin lines. only when democrats put up their end of the bargain they would negotiate. if they do, they can change the rate and close a loophole and they will violate a no norquist pledge. should they? violate the pledge they won on and run on and may change the tune. >> dana: i never liked pledges about anything. i think when you get elec elected -- right. pledge of allegiance was great. do it every day at school. only pledge is i pledge to uphold the constitution. pledge to make good decisions. if republicans get to a deal where rate goes up less than if the push tax cuts expire, then have you violated the pledge? this is getting -- >> eric: i said don't agree to higher taxes. how do you get away to ask them to sign that. when you might need it. >> bob: who the hell snore let me just tell you. he has 280 people signing -- he is not an elected official. pressure by this is phenomenal. he is right. stop this. >> bob: what does norquist do with anything? you said he isn't elect official. he is a bl
i call grover norquist, what is going on here? he said read between the lin lines. only when democrats put up their end of the bargain they would negotiate. if they do, they can change the rate and close a loophole and they will violate a no norquist pledge. should they? violate the pledge they won on and run on and may change the tune. >> dana: i never liked pledges about anything. i think when you get elec elected -- right. pledge of allegiance was great. do it every day at school. only...
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grover norquist is behind the pledge and has convinced thousands of republicans to sign the pledge in exchange for helping them get reelected. some republicans open to breaking the pledge say they will do it by closing loopholes but say entitlement reform must be part of the discussion. >>> do you think you are paying -- >>> good morning. home prices continue to climb nationwide up 3% in september compared to a year ago. in the san francisco area it was 7 1/2% compared to a year ago. meantime, watch for your landlord to jack up rent. recents are up 4.1% this year, watch for rents to go up 4.6% next year and 4.7 the year after. zillow buying hot pads for 16 million dollars, has 19 employees will stay in san francisco, zillow says the move will help it increase the number of leads it sends to landlords. watching ebay today, shares slightly lower stock hit a nearly eight year high yesterday optimism it will benefit from the surge in online holiday shopping amazon shares continue to gain jumped yesterday. over all the markets unchanged with the dow the onlyiu one slightly lower bloomberg
grover norquist is behind the pledge and has convinced thousands of republicans to sign the pledge in exchange for helping them get reelected. some republicans open to breaking the pledge say they will do it by closing loopholes but say entitlement reform must be part of the discussion. >>> do you think you are paying -- >>> good morning. home prices continue to climb nationwide up 3% in september compared to a year ago. in the san francisco area it was 7 1/2% compared to a...
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of course grover norquist is fighting back. he called those statements by my republican colleagues impure thoughts. he called one of them a weasel. he is used to blind allegiance from the republican party and he's not going to take this lying down. but i am hopeful that more and more republicans will break away from grover norquist and that they will actually follow up on their new rhetoric with a genuine willingness to help us call on the wealthy to pay their fair share. and it should be easy for them because the senate actually has already passed a bill to do that and in a way that works for our middle class. the senate passed a bill that would extend the tax cuts for 98% of our workers and 97% of small business owners, and just let the tax cuts for the wealthiest americans expire as scheduled. we have sent that bill over to the house now. the president said he would sign it. all house republicans have to do is pass that bill, and a significant chunk of the fiscal cliff will disappear for the middle class. when that's done, w
of course grover norquist is fighting back. he called those statements by my republican colleagues impure thoughts. he called one of them a weasel. he is used to blind allegiance from the republican party and he's not going to take this lying down. but i am hopeful that more and more republicans will break away from grover norquist and that they will actually follow up on their new rhetoric with a genuine willingness to help us call on the wealthy to pay their fair share. and it should be easy...
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not so long ago we had grover norquist on. said the president is going to have to back off, we have to raise taxes and low and behold the "wall street journal" ran a story saying just that, it will be a bargain. are you going to get it tomorrow? they will fuss with the income rate. that will be a part of the conversation as well. the longer it goes on, the more threat letters to the economy and the stock market because people don't know what to expense. one comment about the dividend story you are doing, don't forget these companies are run by big-time executives who get paid this way and are driving the chain. tracy: you can't blame them, somebody has to do it. ashley: don't miss gerri willis and m "the willis report" here n fox business. thank you. tracy: the white house using twitter as part of an arsenal in the fiscal cliff battle, but may not have been the best idea for them. ashley: we will be right back. [ male announcer ] this is jo woods' first day of rk. and his new boss told him twongs -- cook what you love, and sav
not so long ago we had grover norquist on. said the president is going to have to back off, we have to raise taxes and low and behold the "wall street journal" ran a story saying just that, it will be a bargain. are you going to get it tomorrow? they will fuss with the income rate. that will be a part of the conversation as well. the longer it goes on, the more threat letters to the economy and the stock market because people don't know what to expense. one comment about the dividend...
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we have republican senators saying they will stand up to the grover norquist tax pledge. they're willing to break it which is pretty big news. we also have the influential member of congress, republican tom cole saying we have got to agree to extend the tax cut just for those people making $250,000 and below and letting the more wealthy be taxed. definitely flexibility but what you see from democrats is an unwillingness to do serious entitlement reform that would lead to reductions in spending. they want to kick the can down the road and do more of the next year with the vague promises. dennis: the think republicans will be willing to agree upfront to more tax revenue or higher tax rates as we go without a firm cap on entitlement reform? >> that is the big question. what is a firm commitment? what they're going to look for is some spending cuts this year with an avenue towards entitlement reform next year is the best they are going to get. absolutely what the deal is going to be is the wealthier people, making $250,000 a year, will see their taxes go up. that is a given.
we have republican senators saying they will stand up to the grover norquist tax pledge. they're willing to break it which is pretty big news. we also have the influential member of congress, republican tom cole saying we have got to agree to extend the tax cut just for those people making $250,000 and below and letting the more wealthy be taxed. definitely flexibility but what you see from democrats is an unwillingness to do serious entitlement reform that would lead to reductions in spending....
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Nov 24, 2012
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and there are 258 americans signed onto the grover norquist pledge never to quote for a tax hike, closing tax loopholes. speaker boehner says i'm willing to break it and do the latter on deductions and exemptions and saxby chambliss the senator said it's time to ditch grover and his pledge, is it? >> all bets are off. i mean, listen, we're in a mess and all bets are off and we shouldn't be held to political organizations that are influencing our elections in terms of getting this mess taken care of, but you know, listen, i have a novel idea for the president. why doesn't he public size an itemized list of his spending cuts he's prepared to put on the table before asking american people to pay taxes. i mean, it's simple. when you have a credit card debt and you don't ask other people to pay for it or you don't borrow money to pay the interest on it, you make hard choices on your discretionary spending from a weekly basis or a monthly basis, this is just a business that's been run poorly and it's-- >> would you agree the president doesn't have a terribly good track record when it comes for
and there are 258 americans signed onto the grover norquist pledge never to quote for a tax hike, closing tax loopholes. speaker boehner says i'm willing to break it and do the latter on deductions and exemptions and saxby chambliss the senator said it's time to ditch grover and his pledge, is it? >> all bets are off. i mean, listen, we're in a mess and all bets are off and we shouldn't be held to political organizations that are influencing our elections in terms of getting this mess...
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Nov 27, 2012
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i don't think even grover norquist would say that. >> if you called me at 2:00 a.m. awould say, yeah, okay, whatever you want to do with my money. >> this is actually the same point that steve rattner made over the weekend which is all the guys and the women i know on wall street, none of them have ever become less energetic, less workaholics because of the capital gains rate at 25%. >> or 39.6%. >> hey, can i ask you about that, because -- help me understand this. we have a lot of people talking about how we need to 0 raise more taxes. >> sure. >> and i hear -- i hear the president talking about moving the top tax rate up to 39.6%. and i'm just wondering, is that as equitable an approach when a lot of really rich guys and women look at that 39.6%? right now i'm never going to pay that. >> yeah. >> would it be better to raise the capital-gains tax and say 15 to 20 or 15 to 25 percent would that help with income disparity a bit more? >> well, that's why i suggest a minimum tax, because you're absolutely right. of the 400 highest incomes in 2009, which average $200 mil
i don't think even grover norquist would say that. >> if you called me at 2:00 a.m. awould say, yeah, okay, whatever you want to do with my money. >> this is actually the same point that steve rattner made over the weekend which is all the guys and the women i know on wall street, none of them have ever become less energetic, less workaholics because of the capital gains rate at 25%. >> or 39.6%. >> hey, can i ask you about that, because -- help me understand this. we...
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Nov 22, 2012
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. >> all of those guys who signed pledges for grover norquist, they're still around. i think the tea party was somewhat of a fleeting moment. here one day, gone the next. but those entrenched interests that always want to push more and more of the cost of running society on the people who can least afford it, they haven't gone anywhere. i think it's a good time to start thinking about some protests and some folks calling for a fair deal for the american people. >> steve, do you think this is something that's going to inspire people to make their voices heard like the tea party, there on the other side? i don't know about here today, gone the next? do you think they're really gone or they're here? >> they're absolutely here. they're a major force. if the tea party and fiscal conservatives weren't hammering at the republican leadership boehner would have cut a deal on tax rate. no, these are the opening positions. these are the opening bargaining offers from the two sides. and i think it's still very likely they're going to end up compromising on the tax rate. the presi
. >> all of those guys who signed pledges for grover norquist, they're still around. i think the tea party was somewhat of a fleeting moment. here one day, gone the next. but those entrenched interests that always want to push more and more of the cost of running society on the people who can least afford it, they haven't gone anywhere. i think it's a good time to start thinking about some protests and some folks calling for a fair deal for the american people. >> steve, do you...
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Nov 26, 2012
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there is a lot of talk that is being put out there about the pledge that was signed, that grover norquist orchestrated pledge that was signed by so many members to not raise taxes under any circumstances. did you sign that, and how do you feel about it now? >> oh, i signed it and i absolutely believe we don't have to raise taxes now. we can get this country spending under control through frgual management and good effective management of this out of control government but we've got to deal with the crisis we face. we have to deal with the political reality of the president's victory. so we'll wrestle with all of that as we go forward but i want to see and insist that this money be used to reduce the deficit if there is any revenue coming in. martha: i want to ask you this one more time. when you look at the statements by senator lindsey graham and senator sachs by chambliss who basically said i'm willing to revisit the tax pledge but only if we get real commensurate spending cuts, what do you think about that posture from them? >> well, lindsey's, he is a member of the budget committee wh
there is a lot of talk that is being put out there about the pledge that was signed, that grover norquist orchestrated pledge that was signed by so many members to not raise taxes under any circumstances. did you sign that, and how do you feel about it now? >> oh, i signed it and i absolutely believe we don't have to raise taxes now. we can get this country spending under control through frgual management and good effective management of this out of control government but we've got to...
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Nov 27, 2012
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the pledge you mentioned is identified with americans for tax reforms grover norquist who has gotten many republicans to promise they won't vote to raise taxes. south carolina senator lindsey graham is pushing back saying capping deductions would help generate revenue. the top republic on the senate budget committee explained graham's position. >> he is conditioning any tax increase on fixing these programs, social security and medicare, particularly in making sure that they are sound for the future. so that's lindsey's position. and he has talked about accepting revenue to accomplish that goal. >> republicans continue saying they don't want to increase tax rates arguing that will hurt job growth. democrats say the middle class could be spared from a tax increase now. >> however as we continue to negotiate a responsible path forward i remind everyone within the sound of my voice of one fact. this congress is where one vote away from avoiding the fiscal cliff for middle class families and small businesses. >> republicans point to a study done by the winston group which is a republic r
the pledge you mentioned is identified with americans for tax reforms grover norquist who has gotten many republicans to promise they won't vote to raise taxes. south carolina senator lindsey graham is pushing back saying capping deductions would help generate revenue. the top republic on the senate budget committee explained graham's position. >> he is conditioning any tax increase on fixing these programs, social security and medicare, particularly in making sure that they are sound for...
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Nov 28, 2012
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anti-tax crusader grover norquist wants to use the ceiling as leverage for republicans in fiscal cliff negotiations, writinging, quote, the debt ceiling provides plenty of leverage for the gop to trade for spending cuts as done in 2011 or continuing the lower rates. republicans may have lost some of that leverage in this year's election, but if history is any guide, this will come down to the last minute. cliff meets ceiling. brooke? >> christine romans, thank you. >>> actor ben affleck among others begging the united states to do something as more and more are dying in the congo. and today, a huge development in this escalating crisis. but will the world listen? ♪ ♪ [ male announcer ] everyone deserves the gift of all day pain relief. this season, discover aleve. all day pain relief with just two pills. hurry in and try five succulent entrees, like our tender snow crab paired with savory garlic shrimp. just $12.99. come into red lobster and sea food differently. and introducing 7 lunch choices for just $7.99. of green giant vegetables it's easy to eat like a giant... ♪ and feel
anti-tax crusader grover norquist wants to use the ceiling as leverage for republicans in fiscal cliff negotiations, writinging, quote, the debt ceiling provides plenty of leverage for the gop to trade for spending cuts as done in 2011 or continuing the lower rates. republicans may have lost some of that leverage in this year's election, but if history is any guide, this will come down to the last minute. cliff meets ceiling. brooke? >> christine romans, thank you. >>> actor ben...